Question

What Are Five Examples Of Non Commercial Banks In South Africa//////////////////

Answer 1

Answer:

Non Commercial Banks -

As  the name suggests , commercial banks are their to earn profit whereas non commercial banks do not have profit earning as their  motive. Commercial banks may offer many services such as  bank guarantee, locker facility, collection on behalf of customers etc whereas non commercial banks do not provide such services.

The five examples are:-

1. African Merchant Bank (AMB)

2. Allfinanz Boutique

3. Allied Bank

4. Development Bank of South Africa (DBSA)

5. FNB – First National Bank